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Barings LLC

SEC CIK
0000009015
Latest filing
Aug 7, 2026

Holdings in Q4 2024

Holdings as of Dec 31, 2024, filed Feb 7, 2025. Long positions only; changes compare share counts with Q3 2024.

Institution overview
Positions
163
+3 vs. Q3 2024
Portfolio value
$4.21B
−$73.0M (−1.7%) vs. Q3 2024
Filed
Feb 7, 2025
SEC
Holdings of Barings LLC in Q4 2024
SecurityClassSharesValue% of portfolioShare changeActionHistory
iShares Core S&P 500 ETF464287200ETF1,903,284$1.12B26.6%+44,219+2.4%Added–
Invesco QQQ Trust Series I46090E103ETF892,807$456.4M10.8%+5,000+0.6%Added–
iShares Russell 2000 Growth ETF464287648ETF1,544,050$444.4M10.6%+51,800+3.5%Added–
Vanguard Scottsdale FDS92206C409SHRT TRM CORP BD5,149,957$401.7M9.5%+41,430+0.8%Added–
iShares Tr464288646ISHS 1-5YR INVS6,840,027$353.6M8.4%00.0%Unchanged–
BBDCBarings BDC, Inc.COM13,639,681$130.5M3.1%00.0%UnchangedHistory
Vanguard High Dividend Yield Index ETF921946406ETF565,199$72.1M1.7%+103,792+22.5%Added–
PDDPDD Holdings Inc.SPONSORED ADS738,170$71.6M1.7%+20,225+2.8%AddedHistory
iShares Tr4642874407-10 YR TRSY BD595,818$55.1M1.3%−20,874−3.4%Reduced–
CRHCRH Public Ltd CoORD482,068$44.6M1.1%−412,679−46.1%ReducedHistory
iShares Tr46429B655FLTG RATE NT ETF870,000$44.3M1.1%00.0%Unchanged–
iShares MSCI USA Quality Factor ETF46432F339ETF231,218$41.2M1.0%+201,270+672.1%Added–
iShares Inc464286392MSCI WORLD ETF249,042$38.7M0.9%+51,701+26.2%Added–
SPYSPDR S&P 500 ETF TrustETF58,882$34.5M0.8%−536−0.9%ReducedHistory
WPMWheaton Precious Metals Corp.COM568,033$31.9M0.8%−695,917−55.1%ReducedHistory
SESea LtdSPONSORD ADS300,030$31.8M0.8%−13,159−4.2%ReducedHistory
iShares Tr46435G193ESG AWRE USD ETF1,318,969$30.0M0.7%−296,533−18.4%Reduced–
Vanguard S&P 500 ETF922908363ETF52,541$28.3M0.7%−25,100−32.3%Reduced–
YUMCYum China Holdings, Inc.COM536,787$25.9M0.6%+128,739+31.5%AddedHistory
VanEck Morningstar Wide Moat ETF92189F643ETF260,441$24.2M0.6%+140,113+116.4%Added–
Invesco Exch Traded FD Tr II46138E362S&P500 HDL VOL489,089$23.6M0.6%+36,672+8.1%Added–
HDBHDFC Bank LtdSPONSORED ADS365,517$23.3M0.6%+11,643+3.3%AddedHistory
BEKEKE Holdings Inc.SPONSORED ADS1,237,711$22.8M0.5%−245,154−16.5%ReducedHistory
SUSuncor Energy IncStock554,886$19.8M0.5%−825,984−59.8%ReducedHistory
XOMExxonMobil Holdings CorpCOM182,745$19.7M0.5%−1,678−0.9%ReducedHistory
AUAngloGold Ashanti PLCCOM SHS861,464$19.3M0.5%−162,271−15.9%ReducedHistory
Sabre GLBL Inc78573NAK8NOTE 4.000% 8/0–$19.2M0.5%–––
LINLinde PLCStock45,631$19.1M0.5%−11,195−19.7%ReducedHistory
QGENQiagen N.V.Stock414,984$18.5M0.4%+113,270+37.5%AddedHistory
Invesco Nasdaq 100 ETF46138G649ETF72,850$15.3M0.4%+68,088+1,429.8%Added–
Herbalife Ltd.42703MAF0NOTE 4.250% 6/1–$14.9M0.4%–––
EDUNew Oriental Education & Technology Group Inc.SPON ADR231,162$14.8M0.4%−163,054−41.4%ReducedHistory
iShares Tr464287515EXPANDED TECH147,859$14.8M0.4%+147,859New–
iShares Inc464286251JP MRG EM CRP BD331,638$14.7M0.3%−98,605−22.9%Reduced–
ONCBeOne Medicines Ltd.ADR71,422$13.2M0.3%+3,424+5.0%AddedHistory
ENBEnbridge IncStock301,955$12.8M0.3%−864−0.3%ReducedHistory
iShares Core U.S. Aggregate Bond ETF464287226ETF126,953$12.3M0.3%−135,985−51.7%Reduced–
iShares Iboxx $ Investment Grade Corporate Bond ETF464287242ETF110,627$11.8M0.3%00.0%Unchanged–
EOSEEos Energy Enterprises, Inc.COM CL A2,403,448$11.7M0.3%+1,204,430+100.5%AddedHistory
CVXChevron CorpStock79,668$11.5M0.3%−945−1.2%ReducedHistory
Vanguard Information Technology ETF92204A702ETF18,474$11.5M0.3%+12,694+219.6%Added–
First Tr Exch Traded FD III33739E108PFD SECS INC ETF633,195$11.2M0.3%00.0%Unchanged–
Global X FDS37954Y350X EMERGING MKT481,900$10.9M0.3%+227,500+89.4%Added–
COPConocoPhillipsStock101,709$10.1M0.2%−941−0.9%ReducedHistory
EOGEOG Resources IncStock80,079$9.82M0.2%00.0%UnchangedHistory
NUNu Holdings Ltd.ORD SHS CL A920,556$9.54M0.2%+551,924+149.7%AddedHistory
Upstart Hldgs Inc91680MAB3NOTE 0.250% 8/1–$9.04M0.2%–––
ZTOZTO Express (Cayman) Inc.SPONSORED ADS A437,816$8.56M0.2%00.0%UnchangedHistory
PBR.APetrobras - Petroleo Brasileiro SASP ADR NON VTG721,452$8.54M0.2%+251,534+53.5%AddedHistory
Vanguard Ftse Emerging Markets ETF922042858ETF175,382$7.72M0.2%+8,787+5.3%Added–
iShares Inc464286871MSCI HONG KG ETF430,031$7.16M0.2%00.0%Unchanged–
VALEVale S.A.SPONSORED ADS800,696$7.10M0.2%+422,051+111.5%AddedHistory
AEMAgnico Eagle Mines LtdStock89,165$6.97M0.2%−18,674−17.3%ReducedHistory
FMXMexican Economic Development IncSPON ADR UNITS80,154$6.85M0.2%−6,739−7.8%ReducedHistory
ITUBItau Unibanco Holding S.A.SPON ADR REP PFD1,376,861$6.83M0.2%00.0%UnchangedHistory
VLOValero Energy CorpStock55,159$6.76M0.2%00.0%UnchangedHistory
SHWSherwin Williams CoCOM19,599$6.66M0.2%+328+1.7%AddedHistory
NUENucor CorpCOM55,242$6.45M0.2%+14,650+36.1%AddedHistory
BAPCredicorp LtdCOM34,737$6.37M0.2%+2,567+8.0%AddedHistory
CTVACorteva, Inc.Stock109,123$6.22M0.1%−25,241−18.8%ReducedHistory
TECKTeck Resources LtdCL B149,300$6.05M0.1%+27,211+22.3%AddedHistory
ECLEcolab Inc.Stock25,063$5.87M0.1%00.0%UnchangedHistory
NTRNutrien Ltd.COM130,607$5.84M0.1%−23,939−15.5%ReducedHistory
MLMoneylion Inc.COMM STK67,620$5.82M0.1%00.0%UnchangedHistory
AMZNAmazon Com IncStock26,224$5.75M0.1%−2,599−9.0%ReducedHistory
iShares Inc464286608MSCI EURZONE ETF118,250$5.58M0.1%−52,262−30.7%Reduced–
Vanguard Scottsdale FDS92206C813LG-TERM COR BD72,599$5.43M0.1%−93,513−56.3%Reduced–
MSFTMicrosoft CorpStock12,846$5.41M0.1%+735+6.1%AddedHistory
iShares S&P 500 Growth ETF464287309ETF51,288$5.21M0.1%+51,288New–
Itron, Inc.465741AN6NOTE 3/1–$5.17M0.1%–––
DARDarling Ingredients Inc.COM149,874$5.05M0.1%+74,260+98.2%AddedHistory
NVDANVIDIA CorpStock35,993$4.83M0.1%−5,111−12.4%ReducedHistory
CTGOContango Silver & Gold Inc.COM476,190$4.77M0.1%00.0%UnchangedHistory
FNFabrinetSHS21,488$4.72M0.1%00.0%UnchangedHistory
CNHCNH Industrial N.V.SHS410,115$4.65M0.1%+247,182+151.7%AddedHistory
MPVBarings Participation InvestorsSH BEN INT271,316$4.64M0.1%+2,936+1.1%AddedHistory
GOOGLAlphabet Inc.Stock24,378$4.61M0.1%−1,984−7.5%ReducedHistory
AXIAYAXIA Energia S.A.SPONSORED ADR799,743$4.57M0.1%00.0%UnchangedHistory
MCIBarings Corporate InvestorsCOM219,664$4.48M0.1%00.0%UnchangedHistory
BGBunge Global SACOM SHS56,437$4.39M0.1%00.0%UnchangedHistory
AAPLApple Inc.Stock17,452$4.37M0.1%+5,786+49.6%AddedHistory
CFCF Industries Holdings, Inc.COM50,787$4.33M0.1%+12,159+31.5%AddedHistory
LILi Auto Inc.SPONSORED ADS177,533$4.26M0.1%00.0%UnchangedHistory
TCPCBlackRock TCP Capital Corp.COM480,322$4.18M0.1%+22,675+5.0%AddedHistory
PAASPan American Silver CorpStock203,872$4.12M0.1%+203,872NewHistory
DEDeere & CoStock9,402$3.98M0.1%−3,450−26.8%ReducedHistory
VanEck ETF Trust92189F411BDC INCOME ETF236,283$3.93M0.1%+37,219+18.7%Added–
WYWeyerhaeuser CoCOM NEW126,160$3.55M0.1%+33,474+36.1%AddedHistory
UNHUnitedHealth Group IncStock6,803$3.44M0.1%+643+10.4%AddedHistory
iShares Tr464288257MSCI ACWI ETF26,991$3.17M0.1%00.0%Unchanged–
TSCOTractor Supply CoCOM59,720$3.17M0.1%00.0%UnchangedConverted for a 5-for-1 splitHistory
MOSMosaic CoCOM121,074$2.98M0.1%−29,802−19.8%ReducedHistory
First Tr Exchange-Traded FD336917109SHS72,929$2.94M0.1%+48,971+204.4%Added–
AGCOAGCO CorpCOM30,386$2.84M0.1%+3,549+13.2%AddedHistory
iShares Esg Aware US Aggregate Bond ETF46435U549ETF60,909$2.83M0.1%−27,995−31.5%Reduced–
Vanguard Total World Stock ETF922042742ETF23,921$2.81M0.1%−2,148−8.2%Reduced–
NEMNEWMONT CorpStock72,724$2.71M0.1%−8,926−10.9%ReducedHistory
INGRIngredion IncCOM19,078$2.62M0.1%00.0%UnchangedHistory
BBDBank BradescoSP ADR PFD NEW1,307,311$2.50M0.1%00.0%UnchangedHistory
iShares Core MSCI Europe ETF46434V738ETF45,041$2.43M0.1%00.0%Unchanged–

Sold out since Q3 2024 (12)

Positions held at the end of Q3 2024 that are gone from this filing.

Positions of Barings LLC sold out since Q3 2024
SecurityClassShares in Q3 2024Value in Q3 2024% of portfolio in Q3 2024History
DISH Network CORP25470MAB5NOTE 3.375% 8/1–$14.4M0.3%–
DOWDow Inc.Stock97,200$5.31M0.1%History
Bill Com Hldgs Inc090043AB6NOTE 12/0–$4.69M0.1%–
LYBLyondellBasell Industries N.V.SHS - A -41,602$3.99M0.1%History
PPCPilgrims Pride CorpStock79,076$3.64M0.1%History
Xometry, Inc.98423FAB5NOTE 1.000% 2/0–$2.53M0.1%–
LPXLouisiana-Pacific CorpCOM20,784$2.23M0.1%History
HEPSD-MARKET Electronic Services & TradingSPONSORED ADS708,286$1.60M<0.1%History
NKENIKE, Inc.Stock5,214$460.9K<0.1%History
INFYInfosys LtdSPONSORED ADR12,182$271.3K<0.1%History
ADBEAdobe Inc.Stock466$241.3K<0.1%History
AMDAdvanced Micro Devices IncStock1,355$222.3K<0.1%History